COMMERCIALIZING WORLD-CLASS CANCER INNOVATION

Seeding and scaling Ontario’s premiere entrepreneurial ventures for patients and the economy.

ONTARIO RESEARCH Leveraging breakthrough innovation and community network COMMERCIALIZATION VENTURE Investing seed capital, creating & scaling start-ups, securing strategic partners PATIENT & ECONOMIC IMPACT Driving clinical trials, job creation, talent development, sustainable biotech in Ontario ONTARIO RESEARCH Leveraging breakthrough innovation and community network COMMERCIALIZATION VENTURE Investing seed capital, creating & scaling start-ups, securing strategic partners PATIENT & ECONOMIC IMPACT Driving clinical trials, job creation, talent development, sustainable biotech in Ontario

OUR IMPACT

Increasing the value of Ontario’s best oncology innovations and attracting investment from the private sector

invested in Ontario innovations

additional financing attracted

Ontario start-ups created

first-in-human studies

PORTFOLIO

Our investments are at the forefront of Ontario’s biotech ecosystem.

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FUNDS

Our investments bridge the life sciences seed funding gap.

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KEY SUCCESSES

Our investments have resulted in significant partnerships, clinical trials, job creation and leveraged financing for the province.

RECENT NEWS

  • FACIT’s support of Ontario women entrepreneurs sees growth in driving the advancement of health innovations

    March 5, 2026 – As International Women’s Day approaches on March 8, 2026, FACIT is pleased to celebrate the achievements of women-led health and biotech companies that are driving innovative cancer solutions to help patients lead longer and healthier lives. Read More from FACIT’s support of Ontario women entrepreneurs sees growth in driving the advancement…

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  • Falcons’ Fortunes 2026

    January 5, 2026 – Call for Entrepreneurs! Apply Now to compete in the 2026 Falcons’ Fortunes pitch competition. Submission deadline is Jan 30, 2026. Save-the-Date to join us on April 15, 2026 at the annual Falcons’ Fortunes Event. Read More from Falcons’ Fortunes 2026

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  • FACIT joins strategic network to strengthen support for Ontario’s life science start-ups

    December 5, 2025 – FACIT looks forward to working together with the Ontario Centre of Innovation (OCI) and the consortium of strategic commercialization organizations to expand support for health innovators and start-ups across the province. The MOU brings together 11 key strategic commercialization partners in Ontario’s life sciences ecosystem. Read More from FACIT joins strategic…

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Ontario Institute for Cancer Research Logo

We were established by the Ontario Institute for Cancer Research (OICR) to support commercialization, technology transfer, and development activities. OICR conducts and enables world-class cancer research, filling a critical role as a pan-provincial connector of oncology researchers, resources and cancer innovation development. Together with OICR, we drive a shared vision to attract more R&D investment in Ontario and help the best oncology innovations reach the market and save lives. 

FACIT is funded in part by the Government of Ontario through OICR